- This topic has 530 replies, 20 voices, and was last updated 15 years, 7 months ago by
carlsbadworker.
-
AuthorPosts
-
April 28, 2009 at 1:31 PM #389555April 28, 2009 at 3:22 PM #388938
DWCAP
Participantok TG, a question.
Assume for the moment that I agree with you that you are within +/-5% of the bottom that will be seen in this downturn. As in your $250/k house will not go below 238k, in more than just one freaky, run down, cracked slab, PoS, foreclosure sale. I can see that happening at 4-5% interest rates. It doesnt take too much money to afford a hosue that is 250k at 5%.
What I wanna know is how long you think TV will STAY at the bottom. Is TV gonna be V shaped, or L shaped? I ask, because bottom calling A) riles people up, B) Implies, if for no other reason that the implict association with relator groups who have been bottom calling for years now, that it is a buy now or loose situtation, C) both you and Bob could be right if foreclosures keep feeding demand for the next year or so and no price appreciation is seen.
And let me state for the record that I dont really care either way. I am not even looking to buy right now, I havnt been to SDL in months, and have never really even been to TV and have no intention/plan of ever living there. I am sure it is nice and all, maybe some day I will live there. I just dont see it happening right now, so my interst is PURE curiousty. So, Could someone buy in December at the bottom too?
April 28, 2009 at 3:22 PM #389204Participantok TG, a question.
Assume for the moment that I agree with you that you are within +/-5% of the bottom that will be seen in this downturn. As in your $250/k house will not go below 238k, in more than just one freaky, run down, cracked slab, PoS, foreclosure sale. I can see that happening at 4-5% interest rates. It doesnt take too much money to afford a hosue that is 250k at 5%.
What I wanna know is how long you think TV will STAY at the bottom. Is TV gonna be V shaped, or L shaped? I ask, because bottom calling A) riles people up, B) Implies, if for no other reason that the implict association with relator groups who have been bottom calling for years now, that it is a buy now or loose situtation, C) both you and Bob could be right if foreclosures keep feeding demand for the next year or so and no price appreciation is seen.
And let me state for the record that I dont really care either way. I am not even looking to buy right now, I havnt been to SDL in months, and have never really even been to TV and have no intention/plan of ever living there. I am sure it is nice and all, maybe some day I will live there. I just dont see it happening right now, so my interst is PURE curiousty. So, Could someone buy in December at the bottom too?
April 28, 2009 at 3:22 PM #389407Participantok TG, a question.
Assume for the moment that I agree with you that you are within +/-5% of the bottom that will be seen in this downturn. As in your $250/k house will not go below 238k, in more than just one freaky, run down, cracked slab, PoS, foreclosure sale. I can see that happening at 4-5% interest rates. It doesnt take too much money to afford a hosue that is 250k at 5%.
What I wanna know is how long you think TV will STAY at the bottom. Is TV gonna be V shaped, or L shaped? I ask, because bottom calling A) riles people up, B) Implies, if for no other reason that the implict association with relator groups who have been bottom calling for years now, that it is a buy now or loose situtation, C) both you and Bob could be right if foreclosures keep feeding demand for the next year or so and no price appreciation is seen.
And let me state for the record that I dont really care either way. I am not even looking to buy right now, I havnt been to SDL in months, and have never really even been to TV and have no intention/plan of ever living there. I am sure it is nice and all, maybe some day I will live there. I just dont see it happening right now, so my interst is PURE curiousty. So, Could someone buy in December at the bottom too?
April 28, 2009 at 3:22 PM #389459Participantok TG, a question.
Assume for the moment that I agree with you that you are within +/-5% of the bottom that will be seen in this downturn. As in your $250/k house will not go below 238k, in more than just one freaky, run down, cracked slab, PoS, foreclosure sale. I can see that happening at 4-5% interest rates. It doesnt take too much money to afford a hosue that is 250k at 5%.
What I wanna know is how long you think TV will STAY at the bottom. Is TV gonna be V shaped, or L shaped? I ask, because bottom calling A) riles people up, B) Implies, if for no other reason that the implict association with relator groups who have been bottom calling for years now, that it is a buy now or loose situtation, C) both you and Bob could be right if foreclosures keep feeding demand for the next year or so and no price appreciation is seen.
And let me state for the record that I dont really care either way. I am not even looking to buy right now, I havnt been to SDL in months, and have never really even been to TV and have no intention/plan of ever living there. I am sure it is nice and all, maybe some day I will live there. I just dont see it happening right now, so my interst is PURE curiousty. So, Could someone buy in December at the bottom too?
April 28, 2009 at 3:22 PM #389600Participantok TG, a question.
Assume for the moment that I agree with you that you are within +/-5% of the bottom that will be seen in this downturn. As in your $250/k house will not go below 238k, in more than just one freaky, run down, cracked slab, PoS, foreclosure sale. I can see that happening at 4-5% interest rates. It doesnt take too much money to afford a hosue that is 250k at 5%.
What I wanna know is how long you think TV will STAY at the bottom. Is TV gonna be V shaped, or L shaped? I ask, because bottom calling A) riles people up, B) Implies, if for no other reason that the implict association with relator groups who have been bottom calling for years now, that it is a buy now or loose situtation, C) both you and Bob could be right if foreclosures keep feeding demand for the next year or so and no price appreciation is seen.
And let me state for the record that I dont really care either way. I am not even looking to buy right now, I havnt been to SDL in months, and have never really even been to TV and have no intention/plan of ever living there. I am sure it is nice and all, maybe some day I will live there. I just dont see it happening right now, so my interst is PURE curiousty. So, Could someone buy in December at the bottom too?
April 28, 2009 at 3:43 PM #388943NotCranky
Participanthttp://www.dailybulletin.com/ci_12228714
No real offense to Mr. Norris but isn’t he a sort of cheerleader himself? Can’t negative “information” be used as bait as much as “feel good” stuff? He is a salesman. Nothing in the article was was concrete. Can we have his 3 1/2 week old appraisals that are down 20% to comp them out? Not calling him a liar just that his commitment to what he was saying was weakened with caveats.He is in a perfect position to cherry pick his way back to reasonable standing,but he probably won’t bother. Temeculaguy is offering no caveats that I recall. If nothing else that makes it a lot more fun.
I doubt what he is saying when he says 1004mc is going to knock appraisal values down overnight by 20%. This is just one man’s opinion and probably should be taken with a grain of salt. His topics are not developed in this article and most of the people who consider him an expert(which on some levels of course he is) will not bother to find out what it is about…but instead just flock to him for his support. I’ll get into trouble for saying so but this looks like marketing more than anything else.
April 28, 2009 at 3:43 PM #389208Participanthttp://www.dailybulletin.com/ci_12228714
No real offense to Mr. Norris but isn’t he a sort of cheerleader himself? Can’t negative “information” be used as bait as much as “feel good” stuff? He is a salesman. Nothing in the article was was concrete. Can we have his 3 1/2 week old appraisals that are down 20% to comp them out? Not calling him a liar just that his commitment to what he was saying was weakened with caveats.He is in a perfect position to cherry pick his way back to reasonable standing,but he probably won’t bother. Temeculaguy is offering no caveats that I recall. If nothing else that makes it a lot more fun.
I doubt what he is saying when he says 1004mc is going to knock appraisal values down overnight by 20%. This is just one man’s opinion and probably should be taken with a grain of salt. His topics are not developed in this article and most of the people who consider him an expert(which on some levels of course he is) will not bother to find out what it is about…but instead just flock to him for his support. I’ll get into trouble for saying so but this looks like marketing more than anything else.
April 28, 2009 at 3:43 PM #389412Participanthttp://www.dailybulletin.com/ci_12228714
No real offense to Mr. Norris but isn’t he a sort of cheerleader himself? Can’t negative “information” be used as bait as much as “feel good” stuff? He is a salesman. Nothing in the article was was concrete. Can we have his 3 1/2 week old appraisals that are down 20% to comp them out? Not calling him a liar just that his commitment to what he was saying was weakened with caveats.He is in a perfect position to cherry pick his way back to reasonable standing,but he probably won’t bother. Temeculaguy is offering no caveats that I recall. If nothing else that makes it a lot more fun.
I doubt what he is saying when he says 1004mc is going to knock appraisal values down overnight by 20%. This is just one man’s opinion and probably should be taken with a grain of salt. His topics are not developed in this article and most of the people who consider him an expert(which on some levels of course he is) will not bother to find out what it is about…but instead just flock to him for his support. I’ll get into trouble for saying so but this looks like marketing more than anything else.
April 28, 2009 at 3:43 PM #389464Participanthttp://www.dailybulletin.com/ci_12228714
No real offense to Mr. Norris but isn’t he a sort of cheerleader himself? Can’t negative “information” be used as bait as much as “feel good” stuff? He is a salesman. Nothing in the article was was concrete. Can we have his 3 1/2 week old appraisals that are down 20% to comp them out? Not calling him a liar just that his commitment to what he was saying was weakened with caveats.He is in a perfect position to cherry pick his way back to reasonable standing,but he probably won’t bother. Temeculaguy is offering no caveats that I recall. If nothing else that makes it a lot more fun.
I doubt what he is saying when he says 1004mc is going to knock appraisal values down overnight by 20%. This is just one man’s opinion and probably should be taken with a grain of salt. His topics are not developed in this article and most of the people who consider him an expert(which on some levels of course he is) will not bother to find out what it is about…but instead just flock to him for his support. I’ll get into trouble for saying so but this looks like marketing more than anything else.
April 28, 2009 at 3:43 PM #389605Participanthttp://www.dailybulletin.com/ci_12228714
No real offense to Mr. Norris but isn’t he a sort of cheerleader himself? Can’t negative “information” be used as bait as much as “feel good” stuff? He is a salesman. Nothing in the article was was concrete. Can we have his 3 1/2 week old appraisals that are down 20% to comp them out? Not calling him a liar just that his commitment to what he was saying was weakened with caveats.He is in a perfect position to cherry pick his way back to reasonable standing,but he probably won’t bother. Temeculaguy is offering no caveats that I recall. If nothing else that makes it a lot more fun.
I doubt what he is saying when he says 1004mc is going to knock appraisal values down overnight by 20%. This is just one man’s opinion and probably should be taken with a grain of salt. His topics are not developed in this article and most of the people who consider him an expert(which on some levels of course he is) will not bother to find out what it is about…but instead just flock to him for his support. I’ll get into trouble for saying so but this looks like marketing more than anything else.
April 28, 2009 at 5:31 PM #389075Nor-LA-SD-guy
ParticipantI think is fairly safe to say given the number of sales in T.V. that it won’t be long (if you want a nice newer home anyway) before you either ..
a) Have to pay someone to build one for you.
b) Have to give someone like TG enough to sell you his.
Now how much do you think that would cost ???
April 28, 2009 at 5:31 PM #389341ParticipantI think is fairly safe to say given the number of sales in T.V. that it won’t be long (if you want a nice newer home anyway) before you either ..
a) Have to pay someone to build one for you.
b) Have to give someone like TG enough to sell you his.
Now how much do you think that would cost ???
April 28, 2009 at 5:31 PM #389547ParticipantI think is fairly safe to say given the number of sales in T.V. that it won’t be long (if you want a nice newer home anyway) before you either ..
a) Have to pay someone to build one for you.
b) Have to give someone like TG enough to sell you his.
Now how much do you think that would cost ???
April 28, 2009 at 5:31 PM #389598ParticipantI think is fairly safe to say given the number of sales in T.V. that it won’t be long (if you want a nice newer home anyway) before you either ..
a) Have to pay someone to build one for you.
b) Have to give someone like TG enough to sell you his.
Now how much do you think that would cost ???
-
AuthorPosts
- You must be logged in to reply to this topic.